Not only the above, Brazil's Central Bank economists also predict worse inflation through the end of this year.
What has happened to our wonderful Brazil?
Even though the currency exchange rate has improved for foreigners, Brazil's out-of-control inflation has diminished much of our gain from the improved currency exchange rate.
For reasons that are complex, but understandable, it is the garotos who keep their prices far less than Brazil's current inflation. Most other commodities in Brazil are increasing in price daily.
Considering that foreigners are only a fraction of the clients of garotos, it is only a guess what the future brings to the sauna scene in Brazil. Logic tells us the saunas will continue.
However, if business continues to drop off at the saunas and fewer clients can afford to pay for entrance and/or garotos, it is conceivable that the few remaining saunas in Brazil could slip into history like other formerly popular saunas we have seen come and go. I doubt that will happen, but it is possible.
See this depressing article:
http://riotimesonline.com/brazil-news/rio-business/brazils-central-bank-increases-inflation-forecast-for-2015/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheRioTimes+%28The+Rio+Times%29
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